Services

If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.

Business Accounting Services

Business Accounting: Whether you are starting, growing or selling your business, our accounting team will partner with you to maximize your financial performance. We work with you to provide comprehensive accounting service to ensure the smooth operation of your business financial performance. We have QuickBooks ProAdvisors on staff to help you.

NOTICE QuickBooks®

Are you using the most current version of QuickBooks®?

QuickBooks® no longer supports QuickBooks® 2011 or any older versions. We are also unable to support older versions. If you are working with QuickBooks® 2011 or older, please contact your Ruff & Associates CPA’s professional ASAP. Discounted pricing is available when you purchase the software through Ruff and Associates CPA’s Inc. By upgrading to the latest version of QB, you will ensure that your data will not be lost and that our professionals will be able to use your data in the most efficient manner. To inquire about upgrading your QuickBooks® software, please contact our office.

Bookkeeping Support: We can provide a complete bookkeeping service, from bank activities, invoicing, bill paying and collections to allow you to focus on growing and improving your business.

Payroll Services: Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge. Our payroll services professionals are well versed on these laws and regulations. We proactively alert you to material changes that will affect your business and your employees while also keeping your payroll running smoothly no matter how large your business and your employee population become.

Financial Analysis: When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to help you navigate a course of action. “What if” analysis can show how situations may evolve under various scenarios, providing a solid foundation for decision making. We are ready to provide this type of financial analysis to support the continued prosperity of your business.

Compilations: Our compilation services are tailored to the unique needs of your business. We deliver financial statements and reports that are clear, concise and acceptable to all outside parties and can provide information and insight to help you run your business more effectively. We will work closely with you to develop and execute a plan to complete this work by minimizing employee time spent on the process and without disrupting operations.

Business Tax Services

Sales Tax Services: State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.

Tax Preparation & Planning: Effective tax preparation and planning can help you to control your future tax liability. We help you proactively manage your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.

Business Advisory Services

Business Entity Selection: The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.

Business Consulting: As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.

Management Advisory Services: Our Management Advisory Services focus on improving the efficiency and effectiveness of your business and its operations. We can provide support in business planning, mergers, acquisitions, and other advisory support. Contact our office to learn about the full range of services we provide.

Buying or Selling a Business: Few business decisions are more important, complex and potentially business altering than a buy or sell decision. When you are ready to sell your business, we can provide support at every step, including succession planning, valuing the business, vetting potential buyers, and supporting due diligence. If a buying opportunity presents itself, we can help by providing valuation services, developing negotiation and financing strategies, and managing the due diligence process.

Personal Tax Services

Tax preparation: Our most popular services because we can lend an experienced, professional eye to your tax return and ensure that you get the highest return possible.

Tax planning service: We help you minimize liability in current and future tax years. Some examples of tax planning include: deciding whether to file jointly or separately, timing the sale of an asset, and estate planning.

Personal Financial Services

Financial Planning: In these uncertain times it is important to have someone beside you to guide you through the volatile world we live in. When it comes to your finances, we work with you to define your financial goals and set the path toward meeting them. We will continue to guide you along the way towards financial success.

Business Exit Planning

Business Exit Planning: We help you through a unique 6 step process to create a comprehensive road map to allow a business owner to successfully exit a privately held business. An exit plan asks and answers all of the business, personal, financial, legal, and tax questions involved in selling a privately owned business.